Asian stock markets are trading mixed on Friday, balancing positive cues from Wall Street overnight with concerns about a potential global trade war and its impact on inflation. US President…
Category:
Investing
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On Thursday, Ark Invest, led by Cathie Wood, sold a chunk of its Robinhood shares. The sales come after the company posted strong earnings for the fourth quarter. Robinhood Markets…
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Investing
GameStop shares surge after reports of possible plans to explore Bitcoin and crypto investments
Video game retailer and meme stock GameStop is considering investments in Bitcoin and other cryptocurrencies, according to a CNBC report. Following the news, GameStop shares surged as much as 20%…
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President Donald Trump on Thursday ordered his advisers to determine new tariff levels for all US trading partners, a sweeping move that threatens to upend the global trading system and…
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US stocks surged on Thursday as fresh inflation data and tariff policy updates helped ease investor concerns about economic pressures and global trade tensions. The Dow Jones Industrial Average climbed…
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Blue Origin, the space company founded by Jeff Bezos, announced on Thursday that it is laying off about 10% of its workforce in a move aimed at cutting costs and…
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Elon Musk might not go ahead with his $97.4 billion bid for OpenAI’s nonprofit arm if the ChatGPT maker ceases its transition into a for-profit entity, according to a court…
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Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest electric vehicle battery manufacturer, has filed for a secondary listing in Hong Kong in what could be the city’s largest stock…
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Asian equity markets exhibited a mixed performance on Wednesday as investors continued to monitor President Donald Trump’s latest trade policies and assessed the implications of Federal Reserve Chair Jerome Powell’s…
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Following Meta CEO Mark Zuckerberg’s mid-January warning to employees about raising performance standards and cutting 5% of the workforce, recent layoffs impacting approximately 3,600 workers have generated controversy. Some affected…
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OpenAI CEO Sam Altman’s terse “no” at a Paris conference seemed to shut the door on Elon Musk’s surprise $97.4 billion bid. But experts say the reality is far more…
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US stock futures remained largely unchanged on Tuesday evening, as investors awaited the release of January’s critical inflation report. The report’s findings are expected to offer crucial insights into the…
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Meta, the social media behemoth behind Facebook and Instagram, is riding the crest of a wave after a historic winning streak that defied broader market trends and AI-related investor anxieties.…
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Investing
Intel stock surges as Vance pledges to protect US AI technology, boost domestic production
Shares of Intel (NASDAQ: INTC) rose 8% on Tuesday after Vice President JD Vance emphasized the Trump administration’s commitment to protecting American artificial intelligence technology from foreign threats. Speaking at…
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Coca-Cola may shift a larger share of its packaging from aluminum to plastic bottles if President Donald Trump’s latest tariff hikes take effect, CEO James Quincey said Tuesday. Speaking during…